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pikachu10

05-04-2015 06:24 PM

Paypal expands global buyer protection to digital goods

Just read this article that brings new news for PayPal, what do you guys think?

PayPal Expands Global Buyer Protection To Digital Goods | PYMNTS.com

slokor

05-04-2015 06:50 PM

Re: Paypal expands global buyer protection to digital goods

Yet another brilliant decision on the part of paypal. Gotta love the genius masterminds over there who come up with these ideas.

pikachu10

05-04-2015 11:50 PM

Re: Paypal expands global buyer protection to digital goods

Quote:

Originally Posted by slokor (Post 666035)

Yet another brilliant decision on the part of paypal. Gotta love the genius masterminds over there who come up with these ideas.

Can't tell if you were being sarcastic of being real...

slokor

05-04-2015 11:53 PM

Re: Paypal expands global buyer protection to digital goods

What is this sarcasm you speak of? :)

pikachu10

05-05-2015 03:24 AM

Re: Paypal expands global buyer protection to digital goods

I'm just wondering what everyone else's opinion is.

wtfebay

05-05-2015 10:07 AM

Re: Paypal expands global buyer protection to digital goods

So does this mean when someone opens a case on ebay, Paypal will no longer automatically hold funds....wow!

Quote:

Recently, PayPal updated its payments policy as it relates to the eBay split.*PayPal’s policy on temporary payments holds and payments made to eBay is complex at the moment. PayPal revealed that it will treat payment authorizations made to eBay as canceled, meaning PayPal will not complete the payment. If PayPal decides that the claim would have been ruled in the favor of the individual that filed the claim, PayPal will re-file the claim with PayPal. All claims filed under eBay, however, will not be covered by PayPal’s Seller Protection Program.

Among other updates, PayPal said that it would no longer require compliance with both PayPal’s Acceptable Use Policy as well as eBay’s own rules related to prohibited and restricted items as listed by eBay. Instead, PayPal’s Acceptable Use Policy will be changed to specify restrictions on the use of PayPal for payments, which will include a ban on bribery, corruption and gambling.

These changes will also take effect July 1 of this year.

pikachu10

05-05-2015 12:29 PM

Re: Paypal expands global buyer protection to digital goods

Quote:

Originally Posted by wtfebay (Post 666242)

So does this mean when someone opens a case on ebay, Paypal will no longer automatically hold funds....wow!

I don't know, does anyone here have any thoughts?

pikachu10

05-10-2015 12:32 AM

Re: Paypal expands global buyer protection to digital goods

Anyone? Does anyone have anything to think about this?

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All times are GMT -5. The time now is 01:58 AM.